DriveSys Systems Private Limited has acquired additional land in Maharashtra to expand its aluminium project. The company is a wholly owned subsidiary of ZF Steering Gear. The company has acquired Plot No. E-10, covering around 25,882 sqm, at Supa Parner Industrial Park in Ahilyanagar district. The...
The European Union (EU) is preparing a broader restriction on aluminium scrap exports to non-Organisation for Economic Co-operation and Development (OECD) countries, replacing an earlier trade proposal that would have covered only part of the bloc’s scrap flows. The move could largely impact...
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Image source: https://www.indiamart.com/ Leading solar energy transition company, Waaree Energies, has successfully established two solar inverter manufacturing line facilities via its subsidiary, Waaree Power Private Limited. Based in Gujarat, India, the plants combine to produce 3.05 GW of annual...
As 2025 has made an exit with 2026 endeavours coming into practice, the aluminium extrusion market witnessed a steady Y-o-Y growth. The global demand approximately reached 34.3 million tonnes in 2024 , against almost 49.9 million tonnes of annual installed capacity. Accounting for about two-thirds...
India's domestic aluminium prices recorded strong week-on-week gains, supported by upward revisions from primary producers in response to a firmer LME and MCX aluminium complex and renewed global supply concerns. The increase came despite comfortable domestic availability and only a gradual...
Who knew renewable energy, particularly solar, which itself is a cornerstone of the global energy transition and the most effective pathway to sustainability would trigger hazardous waste generation concern? The irony is hard to miss that as the world ramps up the share of renewable power in energy...
In Gujarat, India, Waaree Energies, within its Chikhli facility, has been added to the MNRE’s ALMM, which shall further aid in improving the overall capacity of 16.444 GW. With this listing in MNRE's ALMM, the firm's total capacity for manufacturing solar modules within the Indian territory is now...
Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Starting from January 1, 2026, aluminium and steel exports from India will face carbon-related duties. This is owing to the Carbon Border Adjustment Mechanism (CBAM) enforced by the European Union (EU),...
Vedanta Limited has recently announced the appointment of Ravi Shahi as Chief Commercial Officer ( CCO) for its Jharsuguda aluminium facility. The facility is one of Vedanta’s key manufacturing locations, and the revision in the leadership team is directed towards business growth in the true sense...
As the third-largest energy consumer in the world, India currently accounts for approximately 25 per cent of global oil consumption growth. Under the leadership of Hon’ble Prime Minister Shri Narendra Modi, the nation is pursuing a pragmatic “all-of-the-above” energy approach – a strategy that...
Across modern power systems, one of the important product is aluminium wire rods. Their growth mirrors the expansion of electricity networks around the world. Global aluminium wire rod usage has increased from 7.6 million tonnes in 2020 to about 8 million tonnes in 2023, to 8.16 million tonnes in...
The 6 th Edition of the Cable & Wire Fair (CWF) was the event’s largest and most appreciated by the industry. Organised by Tulip 3P Media Pvt. Ltd., Cable & Wire Fair 2025 concluded on a high note, showcasing the country's fastest-growing innovations and technologies by 424 exhibitors from 4-6...
Arfin India’s shares moved higher in Wednesday’s session on December 31, climbing by 2 per cent after the company disclosed a sizeable new contract in the aluminium conductors segment. The gain arrived after Arfin confirmed it had received an order worth INR 321 crore (USD 35.7 million) from...
India's domestic aluminium prices recorded notable week-on-week gains, supported by upward price revisions from primary producers following a rise in LME and MCX aluminium prices and renewed global supply concerns. The increase came despite comfortable domestic availability and only a gradual...
Oricon Enterprises Limited has notified stock exchanges about sanctioning the sale of assets in its aluminium collapsible tube manufacturing facility in Maharashtra. The process of ratifying the manufacturing facility sale was carried out with adherence to Regulation 30 and Schedule III of the SEBI...
Odisha Mining Corporation’s (OMC) Managing Director, Shri Sudhansu Mohan Samal, has concluded a two-day tour of key mining locations in the Koraput district, utilising the visit to closely examine production performance, safety standards, and community development efforts associated with the...
As 2025 is about to wind up, United Company RUSAL secures an extension of the sales agreement with the En+ associate KraMZ Ltd. The global aluminium producer, RUSAL, has achieved milestones, securing several partnerships as well as shareholding throughout the year. These endeavours, despite...
On Saturday, the Indian government shared its intention to initiate a scheme for boosting the production of sintered Rare Earth Permanent Magnets (REPM). This scheme by the Indian government mainly focuses on enhancing the country’s participation in the global advanced materials market while...
Aluminium prices recorded a historic milestone in the futures market with a consistent upward momentum, reflecting a strengthened buying interest on the back of robust spot demand and tightened supply expectations. On the Multi Commodity Exchange ( MCX), aluminium futures for December surged by INR...
The Supreme Court has set aside the Chhattisgarh High Court’s interference and restored the arbitral award in Ramesh Kumar Jain v. Bharat Aluminium Company Ltd (BALCO) (2025 INSC 1457), reaffirming that courts exercising jurisdiction under Sections 34 and 37 of the Arbitration and Conciliation Act,...
